Promissory Term Note (Australia)
This Promissory Term Note is designed for use in Australia. This form is available for immediate download.
When a person or entity (the “Lender”) loans money to another person or entity (the “Borrower”), the loan is typically formalised with a written promissory note. This Promissory Note Term requires the Borrower to pay off the entire principal amount of the note, and remaining accrued interest, on a specific date. Having a written Promissory Term Note will prove invaluable if the borrower defaults on repaying the loan or in the event of litigation.
Among others, this form contains the following provisions:
Protect Yourself, your Rights and your Property by using our professionally prepared up-to-date forms.
This lawyer-prepared packet includes:
Among others, this form contains the following provisions:
- Amount and Date: This provision sets out the specific amount of money borrowed and the date the note was signed;
- Parties: This provision sets out the names and addresses of the borrower and the lender;
- Repayment: This provision sets out the amount of accrued interest and the date the loan must be fully paid;
- Default: This provision contains the penalties in the event of default.
Protect Yourself, your Rights and your Property by using our professionally prepared up-to-date forms.
This lawyer-prepared packet includes:
- General Information
- Instructions and Checklist
- Promissory Term Note for use in Australia
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages5
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#34923
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.